Payments And Stage Releases
Payments on a residential project should be set out clearly in the contract between the homeowner and the appointed builder before any works begin. My Build My Way encourages a simple, written payment schedule so both sides know where they stand.
What a sensible payment schedule looks like
- An agreed schedule that follows visible stages of the build.
- Payments released after each stage is genuinely complete.
- Documentation kept on file so there is a clear paper trail.
Why this protects everyone
- Homeowners avoid paying too far ahead of completed work.
- Builders get paid promptly when stages are reached.
- Disputes about "what's been done" are easier to resolve.
Specific payment terms are always set out in the homeowner's contract with their chosen builder. We can talk you through what to look for during the quote stage.